Indiana University Health CEO salary and executive pay
IU Health paid its CEO, Dennis M Murphy, $5,720,461 for the fiscal year ending December 2024. That is up $750,422 (15.1%) from the fiscal year ending December 2023. Total revenue on that return was $6,079,560,656, up 5.7% from $5,752,062,837 for the fiscal year ending December 2023. IU Health ranks 51st of 229 hospital systems on this site by CEO pay. IU Health has 3 Form 990 returns on record, for fiscal years ending 2022 to 2024. Also known as IU Health.
Last updated from IRS e-file data. EIN 35-1955872, Indianapolis, IN.
CEO, fiscal year ending December 2024
$5,720,461
Also listed with a chief executive title on this filing: Ryan D Nagy MD (PRESIDENT (AAHC)), $1,584,035; Jeffrey C Bird MD (PRESIDENT (ECR)), $1,181,445; Gil Peri (President (Riley)), $1,091,496.
- Total revenue
- $6,079,560,656
- CEO pay vs. peers
- Higher than 26%
Source: Form 990, fiscal year ending December 2024, IRS object ID 202523209349300732.View the filing
Peers: the 183 other hospital systems on this site. Ranked 136th of 184 by top pay as a share of revenue. Pay is 0.09% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
This is the IU Health system parent. Regional IU Health hospitals file their own returns.
Highest-paid people on the latest return
On the latest return, 15 people were paid more than $500,000, 13 of them more than $1 million.
| Name and title | Total |
|---|---|
| Dennis M Murphy CEO DIRECTOR/PRESIDENT & CEO | $5,720,461 |
| Jennifer M AlveyTREASURER/SVP & CFO | $2,092,865 |
| David A Ingram MDEVP & CME | $1,744,226 |
| Ronald L StiverSVP System Healthcare Operations | $1,740,650 |
| Erin R LewisSecretary/EVP/CAO & Gen. Counsel | $1,706,038 |
Also paid on the latest return: Ryan D Nagy MD (PRESIDENT (AAHC)), $1,584,035; Brian T Shockney (SVP System Regional Operations), $1,556,074; Joseph Meyer (SVP System Operations), $1,544,179; Nicole Paulk (SVP Chief Strategy Officer), $1,226,011; Kenneth D Puckett (SVP - Enterprise Growth and Activation), $1,194,795; Jeffrey C Bird MD (PRESIDENT (ECR)), $1,181,445; Jason H Gilbert RN (EVP & CNE), $1,177,255; Gil Peri (President (Riley)), $1,091,496; Larry H Stevens MD (DIRECTOR), $741,446; Michelle A Janney RN (FORMER KEY EMPLOYEE), $694,690; Paul M Calkins MD (FORMER KEY EMPLOYEE), $408,179; Thomas V Easterday (BOARD CHAIR/DIRECTOR), $50,000; Jay L Hess MD (DIRECTOR), $46,500; Kyle L Grazier (DIRECTOR), $43,750; James A Davlin V (DIRECTOR), $37,500; and 8 more.
Also listed in Part VII of the latest return, with no pay reported: Pamela Whitten (DIRECTOR/VICE-CHAIR), Jeffrey N Simmons (DIRECTOR).
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Dec 2024 | Dennis M Murphy CEO DIRECTOR/PRESIDENT & CEO | $5,720,461 | $6,079,560,656 | Filing |
| Dec 2023 | DENNIS M MURPHY CEO DIRECTOR/PRESIDENT & CEO | $4,970,039 | $5,752,062,837 | Filing |
| Dec 2022 | DENNIS M MURPHY CEO DIRECTOR/PRESIDENT & CEO | $4,982,844 | $4,969,270,261 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending December 2024.
Source: Form 990, fiscal year ending December 2024, IRS object ID 202523209349300732.View the filing
| Part VII | Schedule J | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Related | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Dennis M MurphyDIRECTOR/PRESIDENT & CEO | $4,720,244 | $0 | $1,000,217 | $2,100,546 | $1,822,571 | $797,127 | $939,516 | $60,701 | $5,720,461 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
| Jennifer M AlveyTREASURER/SVP & CFO | $1,820,915 | $0 | $271,950 | $1,155,318 | $501,519 | $164,078 | $211,251 | $60,699 | $2,092,865 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
| David A Ingram MDEVP & CME | $0 | $1,515,736 | $228,490 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $895,956 | $473,130 | $146,650 | $197,990 | $30,500 | $1,744,226 | |||
| Ronald L StiverSVP System Healthcare Operations | $1,526,456 | $0 | $214,194 | $767,600 | $378,209 | $380,647 | $150,495 | $63,699 | $1,740,650 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
| Erin R LewisSecretary/EVP/CAO & Gen. Counsel | $1,465,223 | $0 | $240,815 | $945,715 | $400,117 | $119,391 | $189,043 | $51,772 | $1,706,038 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
These figures come from IU Health's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How IU Health compares
Ranked 51st of 229 hospital systems by CEO pay.
- Previous in this ranking: 50th, Lehigh Valley Health Network, $5,806,648
- Next in this ranking: 52nd, Fairview Health Services, $5,659,485
Closest in revenue among the hospital systems on this site:
Highmark Health (Allegheny Health Network)$9,716,380 (CEO), fiscal year ending Dec 2024
Sanford Health$4,999,360 (CEO), fiscal year ending Dec 2024
Ochsner Health$7,011,513 (CEO), fiscal year ending Dec 2024
Duke University Health System$2,338,899 (CEO), fiscal year ending Jun 2025
Allina Health$4,092,093 (CEO), fiscal year ending Dec 2024
Common questions
Dennis M Murphy (DIRECTOR/PRESIDENT & CEO) was paid $5,720,461 for the fiscal year ending December 2024: $4,720,244 from IU Health and $1,000,217 in other compensation (Part VII columns D and F).
The CEO, Dennis M Murphy, was the highest-paid person on the latest return, at $5,720,461.
This is the IU Health system parent. Regional IU Health hospitals file their own returns.
IU Health paid its CEO, Dennis M Murphy, $5,720,461 for the fiscal year ending December 2024. That is up $750,422 (15.1%) from the fiscal year ending December 2023. The earliest return on record is for the fiscal year ending December 2022, when the CEO was DENNIS M MURPHY, paid $4,982,844. By fiscal year end: December 2022, $4,982,844 (DENNIS M MURPHY); December 2023, $4,970,039; December 2024, $5,720,461.
IU Health's return for the fiscal year ending December 2024 reports total expenses of $5,349,167,108 and total revenue of $6,079,560,656 (Part I, lines 18 and 12), so revenue exceeded expenses by $730,393,548. Expenses were $4,970,388,034 for the fiscal year ending December 2023, so they rose 7.6%. The CEO's pay of $5,720,461 equals 0.11% of expenses, our calculation.
From the 3 Form 990 returns Indiana University Health filed with the IRS for fiscal years ending 2022 to 2024. The latest full-year return was filed on November 16, 2025. Schedule J of the fiscal year ending December 2024 return breaks down pay for all 5 people in the pay breakdown above.